Persian Gulf Oil Producers Dodge Mideast Unrest With $90 Crude
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With oil above $90 a barrel, it’s business as usual for Persian Gulf exporters regardless of the uprisings that are rocking other Arab nations.
From the time former Tunisian president Zine El Abidine Ben Ali fled his country and the mass demonstrations to oust Egyptian leader Hosni Mubarak started on Jan. 25, Saudi Arabia hosted former U.S. President Bill Clinton and former British Prime Minister Tony Blair. Executives from Alcoa Inc., Boeing Co. and UBS Global Asset Management were among those in the Saudi capital for a conference last month.